Common use of Termination by Subscriber Clause in Contracts

Termination by Subscriber. (i) In the event Ricoh materially breaches this Agreement, Subscriber shall provide Ricoh with a written notice specifying in detail the manner in which Subscriber believes Ricoh to be in breach. Ricoh shall have ninety (90) days from receipt of such notice in which to correct such breach, failing which, Subscriber shall have the option of terminating this Agreement and receiving a partial refund that is pro rated to the date of the termination. (ii) Subscriber may terminate this Agreement by giving Ricoh not less than 90 days’ written notice to that effect, and upon termination all amounts payable to Ricoh by the Subscriber shall become immediately due and owing. For the avoidance of doubt, no refund of fees paid in advance shall be due in respect of any unexpired portion of the then-current term.